What determines the price movement of Polkadot (DOT)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Polkadot. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Polkadot, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Polkadot. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Polkadot on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Polkadot. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Polkadot and the broader cryptocurrency market.

What is the highest price of Polkadot price in history?

Polkadot achieved the all-time high of 54.98 in 2021-11-04, and is currently trading at 3.903.

What is the lowest price of Polkadot price in history?

Polkadot reached its all-time low of 2.7 on 2020-08-20.

What is the current market cap of Polkadot?

The current market cap of Polkadot is 5941408335.18, as 1522267060 DOT is trading at the price of 3.903.

How many Polkadot are there in the market?

There are currently 1522267060 DOT circulating in the market. These Polkadot can be actively traded or used in the open market.

What is the maximum supply of Polkadot?

The maximum supply of DOT is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Polkadot?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Polkadot is 5941408335.1800. The FDV is calculated taking the assumption that all supply of Polkadot is circulation, multiplied by its current price of 3.903.

What is the price prediction of Polkadot ?

Using an algorithm to automatically identify historical data trends, this Polkadot price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Polkadot a good investment?

Polkadot offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Polkadot and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Polkadot.

You can buy Polkadot via Gate by following the steps on how to buy DOT once you have funded your account.

Polkadot Price

DOT

Rank 31

Polkadot (DOT) Price Live Chart

Polkadot (DOT) Price Today

Polkadot (DOT) price today is $3.9, with a 24-hour trading volume of $1.37M and as such Polkadot (DOT) has a market cap of $5.94B, giving it a market dominance of 0.14%. The Polkadot (DOT) price moved -1.14% in the last 24 hours.

DOT Price Data

24h Turnover$1.37M
All-Time High(ATH)$54.98
24h High$3.97
All-Time Low(ATL)$2.7
24h Low$3.8

DOT Market Cap Infos

Market Cap$5.94B
Fully Diluted Valuation$5.94B
Market Cap/FDV100%
Market SentimentNeutral

DOT Supply

Circulating Supply1.52B DOT
Total Supply1.52B DOT
Max Supply∞

*Data is for reference only

Polkadot (DOT) Price Prediction

Polkadot(DOT) is predicted to average $3.9 in 2025, with a potential swing between the lowest price $2.93 and the highest price $5.82. By 2030, Polkadot(DOT) price could reach to $13.82, offering a potential +154.00% return from today’s Polkadot price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$2.93	$5.82	$3.9	--
2026	$2.82	$5.74	$4.86	+24.00%
2027	$2.81	$7.84	$5.3	+35.00%
2028	$3.48	$9.73	$6.57	+68.00%
2029	$6.27	$11.74	$8.15	+108.00%
2030	$7.36	$13.82	$9.94	+154.00%

Polkadot(DOT) Price History

Polkadot(DOT) price has moved -1.14% in the last 24 hours, and -1.96% in the past 7 days. The price of Polkadot(DOT) is +4.64% in the past 30 days, and -11.95% over the last year.